🚨 US INFLATION SHOCK: BEARISH FOR MARKETS?
🇺🇸 US PPI surged to 6.3% YoY, beating the 5.3% forecast, while Core PPI hit 0.7% MoM against 0.3% expected.
📊 Key Highlights: 🔴 PPI: 6.3% vs 5.3% expected
🔴 Core PPI: 0.7% vs 0.3% expected
🟢 Retail Sales: 0.8% vs 0.3% expected
⚠️ Why It Matters: Hot inflation could push the Fed toward keeping interest rates higher for longer, putting pressure on risk assets like BTC and other cryptocurrencies.
📉 Market Outlook:
BTC & Crypto: Potential bearish pressure
Gold: Could face pressure from a stronger dollar and higher rate expectations
USD: Could gain strength
👀 Watch the Fed's next move. One inflation report can change market expectations quickly.
#FederalBudget
🇺🇸 US PPI surged to 6.3% YoY, beating the 5.3% forecast, while Core PPI hit 0.7% MoM against 0.3% expected.
📊 Key Highlights: 🔴 PPI: 6.3% vs 5.3% expected
🔴 Core PPI: 0.7% vs 0.3% expected
🟢 Retail Sales: 0.8% vs 0.3% expected
⚠️ Why It Matters: Hot inflation could push the Fed toward keeping interest rates higher for longer, putting pressure on risk assets like BTC and other cryptocurrencies.
📉 Market Outlook:
BTC & Crypto: Potential bearish pressure
Gold: Could face pressure from a stronger dollar and higher rate expectations
USD: Could gain strength
👀 Watch the Fed's next move. One inflation report can change market expectations quickly.
#FederalBudget